The Australian dollar will follow an upward trend against the Japanese yen...
Trying to keep trading nice and simple. Price Action will determine what happens but my bias is to the downside.
AUD/JPY looks like just finished the contracting triangle and it's ready to go upside. It will break the recent high and it can touch 99+. We will see more upside strength in the upcoming days on this pair. DISCLOSURE - Please be informed that the information I provide is not a trading recommendation or investment advice. All of my work is for educational...
AUDJPY has approached its resistance zone where bears once again put pressure on the price and can put the price further down. The level 94.800 - 900 stands as resistance and breaks above with suitable price action signals a bullish sign. Trade your levels accordingly.
#AUDJPY H4 According to my Setup Market in Correction mood after breakout market will go Up.
It is obvious that the AUDJPY displayed extremely volatility after the announcement of the interest rate policy by the Bank of Japan (BOJ) as the policy stance remain unchanged. From a technical perspective, I am of the opinion that the Yen might decline in the new week considering the long-term bullish strength of the Aussie as we witnessed multiple rejections by...
Strong bullish bias on this pair. After bullishly breaking through the resistance cluster (blue) a strong bullish case can be argued for the pair. Pls Like and Subscribe and drop your thoughts in the comments.
Confluence region (blue) of HTF resistance zone and HTF trend line and HTF 50% fib level. LTF head and shoulders neckline break and retest. All these give added probability for shorts. Pls LIKE, drop a quick SUB and COMMENT!.
AUD/JPY trades with a bearish bias. cloud is offering strong support. Break below will see more weakness. Next major bear target lies at 38.2% Fib at 89.65
Confluences 1. Overall Bullish 2. Trendline 3rd Touch 3. Broke the counter trendline 4. Rejected the major psychological level (92.500) TP1 - 95.500 TP2 - 96.000
AUD/JPY erases early gains, slips below 21-EMA Technical indicators are bearish. Price action has slipped below 21-EMA and is holding support at 20-DMA and daily cloud.
According to chart analysis, we can see it is in a bullish trend and that is why we are taking risk into account and entering with it.
The Reserve Bank of Australia (RBA) has adopted a hawkish stance on interest rates. The RBA raised its OCR by 50 basis points to 0.85 percent, above the 25 basis point rise predicted. In April, the Australian economy added only 4k jobs, compared to the 30k predicted. As a result, market participants saw a 25 basis point rate increase as merely tightening monetary...
Hey traders, here is the analysis for the AUDJPY. If you guys like my analysis please hit like. Thanks. Disclaimer:- This is not financial advice.
AUDJPY Intraday - We look to Buy at 93.00 (stop at 92.10) Previous support located at 93.50. Previous resistance located at 94.50. A lower correction is expected. Risk/Reward would be poor to call a buy from current levels. A move through 94.50 will confirm the bullish momentum. Our profit targets will be 95.00 and 95.50 Resistance: 94.50 / 95.00 /...
Fundamentally, covered in previously post looking to buy up AUD pairs. JPY has been fundamentally weak and swings aggressively on risk-on/off sentiment. Technically, looking for an interesting area of Asian low induced wick to have a possible buy entry buying up to the previous swing high with trend line liquidity above that might bring price to full take profits (TP).
Considering the long term bullish momentum on this pair, I want to be looking out for buying opportunities in the new week as a breakout/retest of the Key level at 91.000 area shall be a signal for me to buy the Aussie. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not...
AUDJPY Intraday - We look to Buy at 91.50 (stop at 90.60) Previous support located at 92.00. Previous resistance located at 93.00. Further upside is expected although we prefer to set longs at our bespoke support levels at 91.50, resulting in improved risk/reward. A move through 93.00 will confirm the bullish momentum. Our profit targets will be 93.50 and...